Framing Has Reached Full Height for Park 77 in Cambridge
Wood Framing is in place for Park 77 at 77 New Street in Cambridge. The project will feature a mix of one and two bedroom rental units, 97 in total. Resident amenities will include a roof deck, fitness center, and pet wash station. The building will also feature underground car and bike parking.
Framing Ongoing for Park 77
Framing is ongoing for Park 77, an upcoming 97 unit residential project along New Street in Cambridge. The 4-story project will feature a mix of 1 and 2 bedroom units along with garage parking. Park 77 is located next to Park 87, a recently completed project by the same development team. The buildings are located just minutes from Danehy Park, Cambridge's largest park.
Park 77 Refinanced for $27 Million
The Developers Abode Z + Acorn Holdings have refinanced their development at 75 New Street in Cambridge for $27 million via Digital Federal Credit Union. The project is currently under construction with foundation work nearly complete.
The four-level complex will house 97 1-2 bedroom units and an underground parking garage including 108 bicycle spaces. A roof deck will also be a part of the amenities here. This Phase II project calls for the reuse of the existing curb and sharing of the existing driveway of sister development Park 87.
Phil Terzis with Acron Holdings told BLDUP via email they expect the project to be completed in Fall 2019.